The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-05-29
ANOTHER BIG BOOM DAY
transfers of Realty Aggregating About
$4,000 Recorded Yesterday.
Several Big Deals During the Week-Statis-
tics showing that Indianapolis Property
IsCheaper than That of cher Cities.

:.d;cared a general revival of the real estate
..,;v;ty. Quite a number of important sales
80 made and the total consideration footed up
r.arly CSC, 900. The majority of the trades have
nssn between local capitalists, but the tendency
ov il for foreigners to step to the front and in
Ia. their money. Those who have bought have
aope no with the intention of holding. and the
.outlots purchased by business men within she
Lac. month are to be improved during the sum-
mar and fall. There were 1I9 deeds re-
corded during the week, with a total
.o,sideration of s273. I59 &C. Tho first
four days of the week thore Was very little done.
and the instruments offered for record were
nearly all for unmproved lots around tho
suburbs. The FIRST notable transaction of the
reek was on Friday. when Richard King dis
posed Of eleventh lots in Davdsou's heirs addition
on Arsenal avenue, to Isaac G. Walker for $685.
600 Yesterdays record contained several large
deals The most important was the sale OF the
block at the northeast corner Of Illinois and
Market streets by Margaret ID. Gordon to VIM.
H. English, for $4,000 Charles E. Kregelo
sold his residence North Illinois street.
between Fourth and Fifth streets, to
Joseph b. Mansur for Sill ,O00 There were two
other large sales that were not recorded. The
lot at the southwest corner of Illinois and Mary
land streets, opposite the Grand Hotel, was sold
by the Palmer heirs TO James Renihan and
Thomas Burns for $14,0 600. w. II. Coleman
bought OF McDougal & Palmer the lot at 1872
West Maryland street, across from the Grand
Hotel for $22. 500. The only building on the lot
is a ricksty frame shanty, and it will soon give
way to Improvements Of substantial character.
The other sales wcrs of unimproved lots in
the many suburban additions. Alfred +. Potts
sold a lot in Woodruff Place TO George l.. Bar
ney for 81. 600. Fourteen days ago he bought
the same lot for 81 600. Some lots in Wood lawn
addition brought $500 zach and are regarded as
very cheap NJ that price. Three lots in Fletchers
Oak Hill addition brought 81, 100. The pur-
chaser was Frank NJ Baldwin, who also bought
some lots in Roots addition north of the
city, paying for them $1,000 each.
Louis NswberRer disposed of the twelve
lots he recently purchased in Bruce
Place TO j. b. McsIurry for IS. 300. He had the
property for only two weeks and made several
hundred dollars profit on the transaction. The
farms recently subdivided at Hauehville are be-
ing rapidly disposed OF. In all about twenty-five
lots there changed hands yesterday. Rebecca
j. Scott paid James Goodiet 81. 600 for seventeen
lots well situated for manufacturing estab-
ilshment For the coming week the prospect IS
fair for a very active market. There is no tend
eney toward further increase in valuations.
The record of transfers yesterday, as published
by Elliott a. Butler, abstraeters. IS as follows:
James Goodet and wife to Rebecca J.
Scott II lots IN CioodIct 81 Scots
Haughvile subdivision of block - in
Holiness Westcnd addition TO Indian - ~
Louis Newberger to Joshua b. McMurry.
ton to Indianapolis .......,..~.....~ $4,000
Anna A. Raschis to Isaac ~ Lewis. part
ap ar 54.S . sH1 . - o1'v' 1000 90
S 4 Fletcher & Co. to William ii. Ken.
drck lot 16 in the Exchange Land
Compauys subdivision Of outlet So in
indianapolis '----- 4'"oVOO
Matte Bcyersdorfer to Albert j. Barnes.
PweIftb and rhjrtee c streets 80. 100000
Eliza Lockwood 70 Joshua Il Va, ysndeman
part ot lot in Mears's subdivision OF
lots II and 1 3. in square in Hubbard
et nj. : southeast addition TO Indanap
Eliza Lockwood. gnaraian. To Joshua II.
SC he'd .@... - Gee.e5
Insurance Company 1T 90 in North
part Of ontio5 20 in Indianapolis IL. 10000
James w. X. Lemnn to First National
Bank Of Connersville. lrd lot = in
LippIncott's addition to Indianapolis $4,000
Albert t. Wilhelm to Clara Washburn lot
- in r. Y. Flctcher's subdivision of x.
r. Fetcher's addition to BrGhtwood- :. 10000
Elizabeth Sclking to Lawrence SNvartnp,
tornship p' Is north Of ranro east 100000
James n. Baldwin 10 Frank ~ Baldwin.
to Indi Ia 15'Sf .'oD. 'Y.' - 100000
The Citizens National Bank to Frank NJ.
Baldwin, lots 1873, Isl and $50 in In
gram Fletchers subdivision of Ingram
Fetcher's Oak Hin addition to Indian
Mary f. Horshire to Thomas Rodd lot
142 in johnson q Hosshire's Fast
Martin Pail' burton to William A. Brissor lot
to IndaRnapoiis A.' 100000
Albert II. oimstcd to William A. Bristor,
lot 3 and part of 2, in square 2 in
Doneghy's subdivision of brakes add
tion 10 indianapolis. -.--.--.-----.-- 3,bOO,OO
Joseph II. Forbes to Jane Greene part of
lot in square g. in Hubbard ct al. g
southeast addition TO indianapolis $4,000
Harry J. MillRau trustee, TO Sophia
Bruminett, lots II and Is, in square
13, s. A. Fletcher jr.'s northeast addi-
ton to indianapolis. .-.--.-.-.:.. 2oc.OO
8. in Goodiet & Thornton's Haughville
subdivision. in block 10, Holiness
west end addition 10 Indianapolis loo.oo
Charles f. Wetzell to Woods p. Garfield,
lot g in Goodlet & Thornton's Haugh-
vile subdivision of Holiness Westend
VIM ii. Hickman to Frank g. schw@rer
lots Is: IS and ~. in VIM. h. HEX 90 ~
Lydia A. Loring to b. Hormisdas vanIer,
lot A in McCarty's south addition to oo
VIM. Fl. Hickman to Edward A. wiosen.
thai, lot 20 in VIM. III. Hickmans addi-
Asher her n. Miller to David King. part of
southwest quarter of southwest quarter
Of section IS, in township 16 north. of
. range east, containing in all 80 acres o4Oooo
Margaret II. Gordon ct al. to VIM. II. En-
glish, part Of lot in square 55 in In
ss s aad afs
Chas f. Robbins. commissioner, to Ralph
Woo al i addition Il to fndiaHaDos 10000
81 and 81 in Stratford suburban adj
dtion to Indianapolis 10000
John w. McQuiddy to Susan X. Black
ledge. lot 159 in VIM. H. Morrisons
third addition to Indianapolis. 100000
Susan E. H. Perkins to James Carpenter,
lot 3 in Jas. NJ. Rays subdivision of
part of square IL in indianapolis. 1900 90
VIM. Wallace, receiver to Chas. q. Wal
ter. lot o6 in A. f.. Fletchers Oak Hill
addition to indianapolis --.------------ $4,000
Alfred r. Potts 20 Geo l.. Barney, lot
in the town of woodruff Place 100000
-
Corveyances 81; confederation. $7S 40 90
A circular is being distributed by Western
real estate firm containing a statement of COM
parative values of real estate obtained from rel-
able agencies in the various cities OF the United
Statas. 1t establishes the fact that no city the
size OF indianapolis offers such Inducements in
the way of cheap realty for residence, business
and manufacturing purposes. The values of acre
tracts for manufacturing purposes are listed as
follows Sioux City, $500; Omaha. 81, 600 to 3d.
900; Chicago, $1,000 to $1,000; Kansas
City. 81 500 to S. 000 Indianapolis, 5000 to $500.
The circular further says that the business cor